Kuncai Technology has invested in the construction of an annual output of 200,000 tons of titanium oxychloride and 100,000 tons of ferric chloride project, which can effectively meet the production demand of the company's pearlescent materials, reduce the logistics procurement cost and reduce the supplier's insufficient production capacity may have adverse effects on the company. In the future, the annual cost of raw materials is expected to be reduced by 48.3 million yuan. The company invests in an annual output of 100,000 tons of cosmetic-grade and automotive-grade titanium dioxide projects. After the project is put into production, the company will have a capacity of 100,000 tons of titanium dioxide and 120,000 tons of iron oxide capacity, and 1 million tons of titanium oxychloride capacity, 500,000 tons of ferric chloride capacity. By then, the company will improve the strategy of building a comprehensive high-end materials supplier.